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Suzhou Dongshan Precision Manufacturing Co (SZSE:002384) 1-Year ROIIC % : -26.89% (As of Mar. 2024)


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What is Suzhou Dongshan Precision Manufacturing Co 1-Year ROIIC %?

1-Year Return on Invested Incremental Capital (1-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 1-year. Suzhou Dongshan Precision Manufacturing Co's 1-Year ROIIC % for the quarter that ended in Mar. 2024 was -26.89%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Suzhou Dongshan Precision Manufacturing Co's 1-Year ROIIC % or its related term are showing as below:

SZSE:002384's 1-Year ROIIC % is ranked worse than
70.22% of 2414 companies
in the Hardware industry
Industry Median: 0.595 vs SZSE:002384: -26.89

Suzhou Dongshan Precision Manufacturing Co 1-Year ROIIC % Historical Data

The historical data trend for Suzhou Dongshan Precision Manufacturing Co's 1-Year ROIIC % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Suzhou Dongshan Precision Manufacturing Co 1-Year ROIIC % Chart

Suzhou Dongshan Precision Manufacturing Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
1-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -142.16 362.29 28.09 35.95 -24.73

Suzhou Dongshan Precision Manufacturing Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
1-Year ROIIC % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 17.67 15.90 -12.16 -24.73 -26.89

Competitive Comparison of Suzhou Dongshan Precision Manufacturing Co's 1-Year ROIIC %

For the Electronic Components subindustry, Suzhou Dongshan Precision Manufacturing Co's 1-Year ROIIC %, along with its competitors' market caps and 1-Year ROIIC % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Suzhou Dongshan Precision Manufacturing Co's 1-Year ROIIC % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Suzhou Dongshan Precision Manufacturing Co's 1-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Suzhou Dongshan Precision Manufacturing Co's 1-Year ROIIC % falls into.



Suzhou Dongshan Precision Manufacturing Co 1-Year ROIIC % Calculation

Suzhou Dongshan Precision Manufacturing Co's 1-Year ROIIC % for the quarter that ended in Mar. 2024 is calculated as:

1-Year ROIIC %=1-Year Incremental Net Operating Profit After Taxes (NOPAT)**/1-Year Incremental Invested Capital
=( 2477.5918 (Mar. 2024) - 3025.5366 (Mar. 2023) )/( 31466.383 (Mar. 2024) - 29428.493 (Mar. 2023) )
=-547.9448/2037.89
=-26.89%***

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

** TTM data of NOPAT and Invested Capital was used to calculate 1-Year ROIIC %.
*** Please be aware that the ROIIC (Return on Invested Capital) calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.


Suzhou Dongshan Precision Manufacturing Co  (SZSE:002384) 1-Year ROIIC % Explanation

Return on Incremental Invested Capital (ROIIC) is an extension of Return on Investment Capital (ROIC). ROIC % tells investors how efficiently that profitability is earned per dollar of company capital. ROIIC narrows the focus even further and shows how profitable each additional unit of capital investment could be. ROIIC % is a more powerful metric than ROIC because it measures how much money the company can generate going forward on future capital investments.

High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

Be Aware

It's important to keep in mind that when tracking ROIIC, the metric is better suited to forecasting the trend of future returns rather than measuring current return on investment.


Suzhou Dongshan Precision Manufacturing Co 1-Year ROIIC % Related Terms

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Suzhou Dongshan Precision Manufacturing Co (SZSE:002384) Business Description

Traded in Other Exchanges
N/A
Address
No. 88 Tangdong Road, Wuzhong Economic Development Zone, Suzhou, CHN, 215124
Suzhou Dongshan Precision Manufacturing Co Ltd is a China-based company involved in the research, development, manufacture, and sale of precision metal products. It provides precision manufacturing services for LED lighting, LCM & machine, smart device, and communication device among others.
Executives
Yuan Yong Feng Directors, executives
Yuan Yong Gang Director
Dan Jian Bin Director
Wang Xu Directors, executives
Mao Xiao Yan Directors, Directors, and Executives
Fei Li Jian Supervisors
Huang Li Gui Director
Zheng Feng Independent director
Xu Yi Min Directors, executives
Zhou Gui Hua Executives
Chen Xiao Yong Director

Suzhou Dongshan Precision Manufacturing Co (SZSE:002384) Headlines

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